Directorate Change
May 23 2007 - 5:56AM
UK Regulatory
RNS Number:0886X
Zambezi Nickel Ltd
23 May 2007
23 May 2007
Zambezi Nickel Limited
("Zambezi Nickel" or the "Company")
Uranium Expert Appointed to Board
* Previously superintendent on three uranium plants
* Experience in feasibility, design, development and operation of uranium
projects
Zambezi Nickel (AIM Code: ZNI) today announces the appointment of David John
Lunt as a non-executive director of the Company with immediate effect.
Mr Lunt, aged 57, has over 40 years of experience in the resources industry,
principally in the fields of process engineering, corporate technical planning,
feasibility studies, project and commissioning management and project risk
analysis. His background includes a long association with GRD Minproc, where he
most recently held the position of Chief Technical Officer for 10 years until
2005, when he established his own consultancy firm Stirling Process Engineering
Ltd. David has been involved in a diverse range of projects covering a wide
range of commodities throughout the world.
He has particular experience in uranium processing and has held positions as
plant metallurgist through to superintendent on three uranium plants in South
Africa. In addition he has worked on design and feasibility studies for numerous
uranium projects including ERGO, Key Lake, Ranger, West Rand Consolidated and
Kintyre. Most recently he has been involved in the design of the Langer Heinrich
project in Namibia. He has also been responsible for over thirty publications
covering unit operations and project development within the metallurgical and
infrastructure industries.
"It is a great pleasure to welcome David onto the board of the Company" said
Managing Director Jim Kerr. "David's brings a wealth of experience in
operations and project development to Zambezi Nickel. I believe that as the
Company moves forward, David's extensive uranium knowledge will prove invaluable
in securing the Company's future success".
Mr Lunt, is a director of Stirling Process Engineering Limited. He is not, and
has not been, a director or partner of any other company or partnership in the
last five years.
Mr Lunt does not hold any shares in the Company but under the terms of his
service contract he is entitled to the grant of options over 350,000 ordinary
shares of 1p each in the Company, at a price of 10p per share. The options will
not be granted to Mr Lunt until the date being 6 months from the date of his
appointment at which point they can be exercisable at any time in the next three
years. A further announcement will be made at the time of granting of the
options.
There are no further disclosures required under Schedule Two, paragraph (g) of
the AIM Rules.
For further information please contact:
Jim Kerr, Zambezi Nickel Limited Tel: +61 8 9216 9000
David Youngman, WH Ireland Limited Tel: +44 161 832 2174
Laurence Read/Jos Simson, Conduit PR Tel: +44 207 429 6603
This information is provided by RNS
The company news service from the London Stock Exchange
END
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